A peek at Regions Financial Corporation (RF): Who has invested in It?

Regions Financial Corporation (NYSE: RF) is 9.55% higher on its value in year-to-date trading and has touched a low of $6.94 and a high of $17.49 in the current 52-week trading range. The RF stock was last observed hovering at around $17.25 in the last trading session, with the day’s gains setting it 0.41% off its average median price target of $18.00 for the next 12 months. It is also 19.73% off the consensus price target high of $22.00 offered by 26 analysts, but current levels are -17.73% lower than the price target low of $15.00 for the same period.

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Currently trading at $17.66, the stock is 11.69% and 16.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.2 million and changing 2.38% at the moment leaves the stock 46.26% off its SMA200. RF registered 7.36% gain for a year compared to 6-month gain of 79.65%. The firm has a 50-day simple moving average (SMA 50) of $15.77 and a 200-day simple moving average (SMA200) of $12.81.

The stock witnessed a 10.58% loss in the last 1 month and extending the period to 3 months gives it a 38.95%, and is 10.86% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.35% over the week and 2.66% over the month.

Regions Financial Corporation (RF) has around 19564 employees, a market worth around $16.76B and $4.31B in sales. Current P/E ratio is 22.16 and Fwd P/E is 12.21. Profit margin for the company is 17.80%. Distance from 52-week low is 154.47% and 0.97% from its 52-week high. The company has generated returns on investments over the last 12 months (14.70%).

Regions Financial Corporation (RF) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Regions Financial Corporation (RF) is a “Overweight”. 26 analysts offering their recommendations for the stock have an average rating of 2.20, where 11 rate it as a Hold and 0 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Regions Financial Corporation is expected to release its quarterly report on 04/23/2021 and quarterly earnings per share for the current quarter are estimated at $0.41 with sales reaching $1.55B over the same period.The EPS is expected to grow by 13.00% this year, but quarterly earnings will post 4.90% year-over-year. Quarterly sales are estimated to grow 5.00% in year-over-year returns.

Regions Financial Corporation (RF) Top Institutional Holders

922 institutions hold shares in Regions Financial Corporation (RF), with 4.07M shares held by insiders accounting for 0.42% while institutional investors hold 75.39% of the company’s shares. The shares outstanding are 960.00M, and float is at 956.37M with Short Float at 2.21%. Institutions hold 75.07% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 115.96 million shares valued at $1.34 billion. The investor’s holdings represent 12.07% of the RF Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 85.29 million shares valued at $983.36 million to account for 8.88% of the shares outstanding. The other top investors are State Street Corporation which holds 53.8 million shares representing 5.60% and valued at over $620.27 million, while Capital World Investors holds 4.61% of the shares totaling 44.23 million with a market value of $510.02 million.

Regions Financial Corporation (RF) Insider Activity

A total of 24 insider transactions have happened at Regions Financial Corporation (RF) in the last six months, with sales accounting for 6 and purchases happening 18 times. The most recent transaction is an insider sale by Ritter William D., the company’s SEVP. SEC filings show that Ritter William D. sold 26,000 shares of the company’s common stock on Nov 18 at a price of $15.49 per share for a total of $0.4 million. Following the sale, the insider now owns 50280.0 shares.

Regions Financial Corporation disclosed in a document filed with the SEC on Nov 17 that Keenan David R. (SEVP) sold a total of 27,000 shares of the company’s common stock. The trade occurred on Nov 17 and was made at $15.52 per share for $0.42 million. Following the transaction, the insider now directly holds 21725.0 shares of the RF stock.

Still, SEC filings show that on Nov 09, Peters Scott M. (SEVP) disposed off 25,000 shares at an average price of $15.45 for $0.39 million. The insider now directly holds 41,632 shares of Regions Financial Corporation (RF).

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Regions Financial Corporation (RF): Who are the competitors?

The company’s main competitors (and peers) include Bank of America Corporation (BAC) that is trading -6.03% down over the past 12 months. BankUnited Inc. (BKU) is 10.23% up on the 1-year trading charts. Short interest in the company’s stock has fallen -17.35% from the last report on Nov 12, 2020 to stand at a total of 24.82 million short shares sold with a short interest ratio of 2.34.

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